The rupee falls to 53.90/91 versus its Thursday's close 53.68/69 tracking weakness in most Asian currencies versus the dollar.
Most regional shares also trading weaker but traders expect bunched-up dollar flows from Friday to be sold around 53.95-54.00 levels, limiting sharper gains beyond that level.
Forex and debt markets were closed on Friday for a local holiday.
Domestic sharemarket movements to be watched for direction during the day. Shares currently trading up 0.1 percent.